Let Computech Appraisal Services of Greater Peoria take care of your appraisal

Thousands of people in Illinois purchase, sell or refinance their home each month. Most of these transactions have a simple line item for an appraisal. And even though there are a growing number of automated home valuation methods that might seem more economical than an appraisal, practically all lenders still need a local expert because the stakes are so high. But is getting a mortgage the only reason to acquire an appraisal? Are there additional times when the services of a certified, independent real estate professional might come in handy? Of course there are.


	For real estate appraisals in Peoria and Peoria County, it's easiest when your order online from Computech Appraisal Services of Greater Peoria, just click here.

Challenge your tax assessment in Peoria County

If you live in an area where property values have declined, it's possible you're paying too much in property taxes. When building your case, an appraisal from Computech Appraisal Services of Greater Peoria is your best evidence. We're capable of assisting you in challenging your tax assessment.

How can you do away with PMI to lower your mortgage payment?

When the amount being loaned to the home buyer is more than 80% of the actual value of the property, many lenders ask home owners to take out an supplemental insurance policy. That policy is Private Mortgage Insurance, or PMI. Very often, this added payment is folded into the monthly mortgage payment and is promptly forgotten. This is unfortunate because PMI becomes unnecessary when the leftover balance of the loan - whether through market appreciation or principal pay down - goes below the 80% mark. In fact, the Homeowners Protection Act (HPA) of 1998 was passed by the United States Congress that requires lenders to remove the PMI installments on most mortgages when the balance is paid down to 78% of the original value.

Computech Appraisal Services of Greater Peoria can give you a statement regarding the value of your home, and the expense of the appraisal can usually be offset in a short amount of time because you'll no longer be paying the PMI.

Settling a divorce with less stress

A divorce can be a particularly traumatic event for both parties, and it is often more complicated by the hard decision of who gets the property. It's a good idea to get an appraisal from Computech Appraisal Services of Greater Peoria so both parties are fully aware of the true market value of their house, regardless of the circumstances.

The parties will have a good idea of what price to set, if they need to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've gotten a fair assessment.

Accurate and fair estate liquidation

The death of a loved one is a difficult time in life, and settling an estate from a death, or probate, often requires an appraisal to establish Fair Market Value for the real estate involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the maximum degree of discretion.

Unlike wealthier individuals, most Americans don't have dedicated estate planners or executors to handle these issues. And seeing that a home or other property often makes up an unequal share of the total estate value, understanding the true worth of the real estate at hand is of essential importance to ensuring disputing parties walk away knowing they've received a fair deal.

Relocating to or from Peoria County

Employee relocation is a stressful event. We know where you're coming from! That being said, we take great care in organizing a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide input on the positive aspects of their property, along with information about any new sales or listings in their area that they want considered during our thorough process.

Sell your home quickly at the right price with an appraisal from Computech Appraisal Services of Greater Peoria

Whether you decide to sell your home on your own or use the assistance of a real estate agent, a professional appraisal can help you make a more informed decision regarding your asking price. Separate from a real estate agent, an appraiser has no vested interest in what price the house sells for. The price we charge isn't related to the sales price, but rather they are calculated on our efforts to complete the appraisal.

We examine the difference in value things like an extra bathroom or a kitchen remodel can make on a daily basis. Getting a professional appraisal is a trusted way to determine what improvements will add value and what a suitable sales price is for your home - so you don't come up short or have your house on the market an unnecessarily long time - because we're experts in knowing how long homes stay on the market.